Quarterly report pursuant to Section 13 or 15(d)

Note 5 - Marketable Securities

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Note 5 - Marketable Securities
3 Months Ended
Sep. 30, 2015
Notes to Financial Statements  
Cash, Cash Equivalents, and Marketable Securities [Text Block]
(5)
Marketable Securities
 
At June 30, 2015, the Company held marketable securities of $2.2 million , classified as current assets, consisting of U.S. municipal bonds with maturities of less than one year, which were rated A+/A2 or better by the rating services Standard & Poors (“S&P”) and Moodys Investors Service (“Moodys”) respectively.At September 30, 2015, we did not hold any marketable securities. The municipal bonds all matured and the proceeds were transferred to our operating cash accounts. There were no material realized or unrealized gains or losses for the three months ended September 30, 2015 and September 30, 2014. See also Note 12, “Fair Value Measurements".